Nobody yet knows what will ultimately happen to real estate entrepreneur René Benko, whose insolvent Signa Holding is now dragging more and more companies into its downward spiral. What is clear, however, is that the tottering house of cards that Benko has built up over the years is now costing the first head of the company his head: On Thursday, the Swiss private bank Julius Baer announcedthat she is separating from her boss Philipp Rickenbacher with immediate effect. Rickenbacher’s deputy Nic Dreckmann will take over the leadership position on an interim basis.
Signa bankruptcy costs Julius Baer’s Swiss bank boss his job – Economy
